How a Business Hired a Lawyer to Draft a Legal Services Agreement in Texas

In 2024, a business in Texas sought assistance with drafting a legal services agreement. The client, which provides services to oil companies, faced a requirement from a key supplier for an escrow arrangement that prioritized disbursement, ensuring that a specific percentage of payments received would go directly to the supplier before any funds reached the client. This temporary contract was essential as it allowed the client to secure payments while they worked on acquiring their own equipment. As a result, the client received three proposals from licensed attorneys, with flat fee bids ranging from $495 to $1,000, all submitted ahead of the requested deadline of less than a week.